Internet Of Things (IOT) – Is it a “BIG Fish” to catch?

In this article, we will see what is IoT? and It’s growth in the coming years. IoT (Internet Of Things) is a network of physical objects like devices, vehicles, etc. connected to the cyber world. These connected devices collect and exchanges data over the network. The physical objects remotely controlled by the computers, based on the data collected from the objects. The IoT is creating opportunities in the area of transportation(Smart Cars), healthcare(Heart monitoring), infrastructure(Smart Cities, Smart Buildings), etc.

Day by day the number of connected devices are getting increased throughout the world. The stats indicate that the ~50 Billion connected devices will be there by 2020.

With the rise of connected devices, we can predict a lot of business scope for IoT. With the business predictions in the coming years given below, IoT will be the “Big Fish” to catch.